The BNB Foundation has announced the successful completion of its 30th quarterly BNB token burn, marking a significant milestone in the ongoing efforts to reduce the total BNB supply and increase ecosystem value.
BNB Foundation Completes 30th Quarterly Token Burn, Reducing Supply by Over $1.16 Billion
Burn Details
- Total BNB Burned: 1,634,200.95 BNB
- Dağılım:
- Real Burn (Auto Burn + Pioneer Burn): 1,524,200.95 BNB
- Pioneer Burn: 110,000 BNB (tied to non-redeemable staked BNB)
- USD Value When Burned: Approximately $1.16 billion
- Remaining Total Supply: 142,465,780.15 BNB
- Remaining to be burned: 42,465,780.15 BNB
Important Points of Burn Mechanism
The Auto-Burn system provides transparency and predictability by calculating the amount of BNB to be burned based on the price of BNB and the number of blocks produced on the BNB Smart Chain (BSC) during the quarter.
This independently auditable mechanism operates separately from Binance’s centralized exchange, maintaining trust and accountability within the ecosystem.
With the recent BNB Chain Fusion, all burns, including this quarter, are performed directly on BSC. Tokens are permanently sent to a “black hole” address, removing them from circulation.
Pioneer Burn Program
Pioneer Burn Program, dürüst hatalar nedeniyle BNB veya sabitlenmiş token kaybeden kullanıcıları destekler.
It offsets these losses by including them in quarterly token burns. This quarter, 110,000 BNB were burned under this program, originating from staked tokens left by validators during the BNB Fusion that could not be retrieved.
*This is not investment advice.
